$3,699,000

1955 King Street E

Hamilton ON, L8K 1W2

Description

Incredible cash on cash returns on this fully leased mixed-use commercial/office building for sale at over 7% cap rate on in-place income with upside/escalations. High traffic with over 22k vehicles passing by per day and located within a dense neighbourhood with many apartments nearby. 6 stable tenants including a doctor, martial arts studio and dance studio. Almost 16k sqft on 3 levels with over 30 parking spaces outside. P&L available with executed CA. Call for more details or to book a tour. Please do not go direct!

Details

MLS#H4095501
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site14

Features

SQ Feet15,693
Story(s)1
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Area Information
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8K 1W2
AreaHamilton
Listing VS Median (in L8K 1W2)
Price:
$3,699,000
low | high
Med:
$3,699,000
50% of Average
SqFt:
15,693
low | high
Med:
15,693
50% of Average
$ / SqFt:
$236
low | high
Med:
$236
50% of Average
On Site:
14
low | high
Med:
14
100% of Average
Listing Updated: January 25, 2021 8:02:13 PM PST
Adrian Mekli LogoMLS Number: H4095501
Listing Provided By:
Adrian Mekli  of  Ambitious Realty Advisors Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.